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[Nasdaq-Listed Company KindlyMD Reaches $210 Million USDT Loan Agreement with Kraken] On December 9, Nakamoto Holdings, a wholly-owned subsidiary of Nasdaq-listed Bitcoin treasury company KindlyMD, entered into a $210 million USDT-denominated loan agreement with Payward Interactive, the operator of the cryptocurrency exchange Kraken. The one-year term loan carries an annual fee rate of 8.00% and is set to mature on December 4, 2026. The loan is secured solely by Bitcoin collateral valued at no less than $323.4 million and is held in custody by Kraken affiliate Payward Financial. KindlyMD will terminate its partnership with Antalpha by fully repaying its loan and will shift its borrowing relationship to Kraken.

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